The New BIR chief eyes on checking the lifestyle of social media influencers and other professionals to beef up collection amid the ballooning debt of the country.
Based on the report of ABS-CBN News, the incoming Bureau of Internal Revenue (BIR) commissioner Lilia Guillermo urged social media influencers and other professionals to ‘register, issue receipts and pay their respective taxes.’
“Marami rin nakikitang citizens ang tataas ng lifestyle nila, yet kung compare mo taxes na binabayaran nila, ma-question mo rin: bakit ang dami mo properties? Display mo pa nga.”
>(A lot of citizens are seen with high lifestyles, but if you compare that to the taxes they pay, it makes you question: Why do you have so many properties? And they are even on display.)
Included in this lifestyle check are those among the ranks of the BIR itself. The incoming BIR chief clarified that there’s no need to add new taxes if the tax collection will be efficient.
The reminder of the BIR for influencers and other professionals in the digital space to pay their taxes, started in 2020 when calls on Online Sellers to register their businesses and gave them until July 31, 2020, and the following week they’ve also reminded bloggers, filmmakers, content creators to register as a business entity.
Read: BIR outs Memo on Tax for Social Media Influencers
A new memo dated August 16, 2021, is issued as a reminder to BIR officers and to clarify the proper taxation for social media influencers.
Source: Yugatech
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